Home/Virginia/Norfolk/DOWNTOWN AREA/123 College PL #1402, NORFOLK VA 23510
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Coming Soon
Active
Under Contract
Sold

67 days on market

$315,000

123 College Pl #1402

Norfolk, Virginia 23510

MLS# 10625098 · DOWNTOWN AREA · Norfolk VA

Updated 3 days ago · Source: REIN MLS

Est. payment

$2,125/mo

Edit below

Price / sq ft

$243

1,297 sq ft

Days on market

67

HOA

None

Year built

2007

19 yrs old

Beds

1

Full Baths

1

Half Baths

1

Sq Ft

1,297

Garage

Yes

Residential1 StoryCondoWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Spacious 1 bedroom, 1.5 bath condo with city views in the heart of Downtown Norfolk. This well designed unit features an open living and dining area, large windows that fill the space with natural light, and a functional kitchen with ample cabinet space. The generous primary bedroom offers an en suite bath, plus an additional half bath for guests. Enjoy low maintenance urban living with easy access to restaurants, sh…

Listed by Joshua Alvelo · World Class Realty & Prop Mgmt

VaHome Team property overview

At a glance

Meet 123 College Place #1402 — a 14th-floor, 1-bed, 1.1-bath condo in the heart of downtown Norfolk. At 1,297 square feet, it delivers genuine urban living with walkable access to food, fitness, and green space, all within two minutes of two major military installations.

Read full property overview ↓

Why this home stands out

What sets unit 1402 apart is the combination of generous square footage and an address that puts you at the center of everything. Most one-bedroom condos in urban cores feel compact; this one gives you 1,297 square feet to work with. Built in 2007, the building brings a modern bones to a neighborhood that has been reinventing itself for decades, and the 14th-floor elevation adds a perspective on downtown Norfolk that ground-level living simply can't match.

DOWNTOWN AREA and the Norfolk real estate market

The Downtown Area of Norfolk is one of the most walkable urban neighborhoods on the entire Hampton Roads peninsula. Whether you're drawn here because you want to buy a house norfolk style — meaning city energy, short commutes, and a front-row seat to the region's cultural life — or because your orders put Naval Medical Center Portsmouth or USCG Base Portsmouth two minutes from your door, this address delivers on both counts. Granby Street runs through the neighborhood's spine, lined with independent restaurants, galleries, and coffee shops. MacArthur Center anchors the retail corridor nearby. The Elizabeth River waterfront is a short stroll away, and the city's performing arts venues, the Chrysler Museum of Art, and Nauticus are all within easy reach on foot or by bike. Norfolk is an independent city in Virginia — it sits within its own jurisdiction, separate from surrounding counties, which is worth knowing as you navigate local services and tax structures.

What's nearby

Daily life is genuinely easy at 123 College Place. Macarthur General Store and Mercato Di Grazia are both at your doorstep for quick grocery runs, with Amale Tre Focacceria & Italian Deli just two blocks away when you want something more curated. Ya Ya Asian Gourmet House and Bonchon Norfolk handle dinner without a drive, and Tropical Smoothie Cafe covers both breakfast and a midday pick-me-up. For coffee with a slower pace, aLatte Cafe is a one-minute walk. Jim White Fitness & Nutrition Studios and Gym Downtown mean you never need to factor commute time into a workout. College Plaza, the Reading Garden, and Granby Street Public Parklet give you outdoor breathing room steps from your front door.

For different buyers

For military families relocating

Naval Medical Center Portsmouth and USCG Base Portsmouth are each about two minutes from this address — a commute that's genuinely rare to find. If you're weighing how far your BAH stretches in Hampton Roads, a downtown Norfolk condo at this location puts you as close to the gate as you can get without living on base. VA loan eligibility makes the math worth running seriously.

For first-time buyers

If you've been circling the idea of owning in a walkable urban neighborhood, unit 1402 is a strong starting point. You get over 1,200 square feet — more breathing room than most first condos offer — in a building with modern construction and a location where your car stays parked most days. The downtown Norfolk lifestyle is built into the address itself, not something you have to drive to find.

Frequently asked questions

How far is 123 College Place #1402 from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately two minutes from 123 College Place by car, making this one of the closest off-base residential addresses to that installation in the Hampton Roads area.

What floor is unit 1402 in the building?

Unit 1402 is on the 14th floor, which places it well above street level and provides elevated views over the downtown Norfolk skyline and surrounding urban landscape.

Is 123 College Place #1402 in an HOA?

Yes, as a condominium unit the property is governed by a homeowners association; prospective buyers should request the current HOA documents to review rules, reserves, and any applicable fees.

What county is Norfolk, VA in?

Norfolk is an independent city in Virginia, meaning it is not part of any surrounding county — it operates as its own separate jurisdiction for taxes, services, and governance.

Does 123 College Place #1402 fall in a flood zone?

Flood zone designation for this property is displayed in the FloodRisk tile on this page; given the downtown Norfolk location near the Elizabeth River, reviewing that information before making decisions is worthwhile.

Want to see unit 1402 in person or talk through the downtown Norfolk market? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out to set up a visit.

Summary generated by AI from public records and publicly available information.

Location & Neighborhood

Location & Street View

123 College PL #1402, Norfolk

Map and Street View imagery © Google. Imagery may not be current.

Map data ©Google. Click and drag inside the map to explore the surrounding area.

Flood Risk

Looking up FEMA flood zone…

Property Details

Bedrooms

1

Full Baths

1

Half Baths

1

Approx Sq Ft

1,297

Stories

1

Fireplaces

0

Flooring

Carpet, Laminate/LVP

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup

Sale & Tax History

List Price

$315,000

Price / Sq Ft

$243

Annual Taxes

$4,783

Monthly Tax

$399

HOA

None

Tax Rate (effective)

1.52%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMar 13, 2026$315,000
Currently listed$315,000

Public-Records Assessment

Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 11, 2026.

73% below assessment

Total Assessed

$1,152,000

Land

$506,300

Improvement

$645,700

Parcel ID: 1427962454 · View on city GIS portal

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Norfolk Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

About buying in Norfolk

Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.

See more Norfolk homes for sale →

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

Estimate your monthly payment

$2,125/mo

Principal & interest

$1,634

Property tax

$399

Home insurance

$92

PMI

None

HOA

None

Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Listed by World Class Realty & Prop Mgmt · MLS# 10625098

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$315,000

123 College PL #1402, NORFOLK VA 23510

Norfolk, Virginia 23510

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Quick Facts

TypeResidential
Year Built2007
Lot Size
Taxes$4,783/yr
HOANone
Heating
Cooling

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